AST SpaceMobile Stock Surges Thursday: Here's Why

AST SpaceMobile Inc (NASDAQ:ASTS) shares are skyrocketing on Thursday as space‑related stocks surge across the board. The entire sector is catching a wave of enthusiasm following reports that Amazon is in acquisition talks with Globalstar Inc (NASDAQ:GSAT), while excitement continues to build around the anticipated SpaceX IPO and NASA's successful Artemis II launch.

• AST SpaceMobile stock is showing exceptional strength. Why are ASTS shares rallying?

Amazon‑Globalstar Acquisition Talks

Globalstar shares jumped in early trading after reports surfaced that Amazon.com (NASDAQ:AMZN) is in discussions to acquire the satellite communications company. Such a deal would significantly strengthen Amazon's low‑Earth‑orbit satellite internet ambitions as it works to compete with SpaceX.

The talks come as Amazon pushes to deploy roughly 1,600 satellites by mid‑2026. Globalstar already has launch agreements with SpaceX, and Amazon's interest signals that major technology players are doubling down on satellite infrastructure.

SpaceX Targets Record‑Breaking IPO

SpaceX has reportedly submitted a draft IPO registration to the SEC, setting the stage for what could become the largest public offering in history. Bloomberg reports that SpaceX is targeting a June listing with a valuation north of $1.75 trillion, eclipsing Saudi Aramco's $29 billion debut in 2019. The confidential filing allows SpaceX to receive regulatory feedback and refine its prospectus before it becomes public.

Some of the biggest names in global finance — Bank of America, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Citigroup — are said to be involved in the offering.

Artemis II Launches Historic Lunar Mission

NASA's Artemis II mission successfully launched from Kennedy Space Center at 6:35 p.m. ET on Wednesday, sending four astronauts on a 10‑day journey around the moon. The crew — Reid Wiseman, Christina Koch, Victor Glover and Canada's Jeremy Hansen — became the first humans to travel toward the moon since Apollo 17 in 1972, and the first astronauts ever launched aboard NASA's Space Launch System rocket.

Artemis II is designed as a major test flight for future lunar missions and for NASA's long‑term plan to establish a sustained human presence on the moon. The crew is expected to travel farther from Earth than any humans before, providing critical data for the next phase of the Artemis program.

ASTS Price Action: AST SpaceMobile shares were up 5.70% at $88.78 at the time of publication on Thursday, according to Benzinga Pro.

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